Weizmann Institute Facing ‘grave Financial Problems’

The Weizmann Institute of Science in Rehovoth faces “grave financial problems” and has appealed to its supporters abroad to increase contributions and step up fundraising efforts.

The appeal was made by Dr. Zwi Dinstein, Deputy Minister of Finance who is chairman of the Institute’s executive council. In his report to the council this week. Dr. Dinstein said that “despite severe limitations on expansion the Weizmann Institute faces grave financial problems due to constantly rising costs over which it has little or no control.”

The executive council elected three more prominent Americans to the Institute’s board of governors. They are Morris L. Levinson, a New York lawyer, United Jewish Appeal leader and member of the board of governors of the Jewish Agency; Prof. Charles Brenton Huggins, 1965 Nobel Prize Laureate for physiology and medicine who is an authority on cancer research and a professor at the University of Chicago; and Joseph Meyerhoff, of Baltimore, who last year established the Joseph Meyerhoff chair in bio-chemistry at the Weizmann Institute.

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